Africa Markets Oil & Gas Opinion

Is Nigeria’s Crude Oil really cursed?

Opinion – Nigeria’s crude oil was reportedly first discovered in Oloibiri in the Niger Delta region of the country in 1956. This commercial discovery of oil in Nigeria brought to an end over fifty (50) years of failed oil exploration and ushered Nigeria into the comity of oil producing nations and with the successful discovery and […]

Read More
Business & Finance

Africa Sees Record Venture Capital Investment, Bucking Global Decline

Johannesburg — African startups attracted a record $3.5 billion in venture capital investment in the first half of this year, bucking a global decline in dealmaking linked to worldwide economic turmoil, data released by an industry group showed on Tuesday. The funding, raised by 300 different companies, represents a growth of 133% compared to the […]

Read More